Common use of Terminations for all other Reasons Clause in Contracts

Terminations for all other Reasons. In the event the Participant experiences a Termination of Service for any reason other than those set forth in Section 2(c), the Participant shall forfeit to the Company, without compensation, any Restricted Stock that is unvested and that cannot vest in accordance with Section 2(b) immediately upon the Participant’s Termination of Service.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Tellurian Inc. /De/), Restricted Stock Agreement (Tellurian Inc. /De/), Restricted Stock Agreement (Tellurian Inc. /De/)

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Terminations for all other Reasons. In the event the Participant experiences a Termination of Service for any reason other than those set forth in Section 2(c), the Participant shall forfeit not be entitled to the Company, without compensation, any Restricted Stock that is unvested and that cannot vest in accordance with Section 2(b) immediately upon the Participant’s Termination of Servicenor any compensation in lieu thereof.

Appears in 1 contract

Samples: Restricted Stock Agreement (Tellurian Inc. /De/)

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Terminations for all other Reasons. In the event the Participant experiences a Termination of Service for any reason other than those set forth in Section 2(c2(d), the Participant shall forfeit to the Company, without compensation, any Restricted Stock the Option to the extent that it is unvested unexercised and that cannot vest be exercised in accordance with Section 2(b2(c) immediately upon the Participant’s Termination of Service.

Appears in 1 contract

Samples: Option Agreement (Tellurian Inc. /De/)

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